EWE is a consequence of one of the most important labor institutions: the unemployment benefit (UB). We develop a model …

We analyse measures of internal flexibility taken to safeguard employment during the Coronavirus Crisis in comparison … to the Great Recession. Cyclical working-time reductions are again a major factor in safeguarding employment. Whereas … more than twice as large as that in May 2009. Furthermore, marginal employment is affected strongly but not protected by …

Using newly digitized unemployment insurance claims data we construct a historical monthly unemployment series for U …-level unemployment data, which are only available from January 1976 onwards, and capture consistent patterns in the business cycle. We … use our claims-based unemployment series to examine the evolving pace of post-war unemployment recoveries at the state …